Wendy's Woes: A Billionaire's Rescue Bid or Just Another Band Aid? Wendy's financial struggles have been well documented over the past few years.
The company's stock price has plummeted, same store sales have declined significantly, and its market capitalization is a fraction of that of its competitors.
CEO Ken Cook has attempted to turn things around by modernizing menus and closing underperforming locations, but so far, nothing seems to be working. Despite his efforts, the company continues to struggle.